Possible decline to 1.4100

24.05.2021
Daily chart: the upper Bollinger band remains well above current prices, which still allows a short-term upside impulse towards 1.4263. Although the beginning of the auction did not look too promising for buyers. Н4: locally...
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Trading range 1.2200-1.2240

21.05.2021
Daily chart: the upper Bollinger band (1.4251) has not been tested, so this probability will persist. There is a strong area of resistance in the indicated zone, which, during the last testing, provoked a drop...
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Weakening of the euro is possible

21.05.2021
Daily chart: the holding force for the euro is the resistance level of 1.2245, where, at the moment, the "Double Top" pattern is clearly forming. If the bulls fail to break through this area, then...
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Flat forecast

20.05.2021
Daily chart: the pair has been trading in the area of the middle Bollinger band (109.05) for the third day in a row. ADX has not entered the trend zone yet, and the envelopes retain...
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Trading range 1.2155-1.2229

20.05.2021
Daily chart: strong resistance remains in the area of the upper Bollinger band 1.2229-1.2254. The pair is in the middle of the upper Bollinger envelope range, which makes probability of multidirectional movements higher. Н4: local...
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